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XAUUSD Breakout Alert: Bullish Rally in Motion with 3700+ TargetGold (XAUUSD) has finally broken out of a prolonged consolidation phase and is now showing a strong bullish structure on the daily chart. After several weeks of coiling between the support and resistance boundaries, this breakout marks a significant shift in momentum, indicating the potential for a powerful uptrend ahead. Multi-Month Range Breakout: The Structure So Far Over the past few months, Gold had been trading within a rising channel pattern. The support and resistance zones were clearly respected, forming a structure of higher lows and consistent rejections at the upper band near the 3450–3475 resistance zone. This area acted as a tough ceiling for bulls for nearly 4 months. The breakout candle above the resistance was not only strong in body size but also supported by volume and follow-through. Price decisively crossed 3480, retested the resistance-turned-support zone, and continued upward momentum. Target Projection: 3700+ Based on Measured Move The projected target for this breakout is calculated using the height of the channel, which spans approximately 250 points from base to resistance. Adding this height to the breakout point (around 3450) gives a final projected target near 3700+, aligning with Fibonacci extension levels and previous price projections. Immediate upside targets: T1: 3550 T2: 3620 Final Projection: 3700+ Retest Opportunity: Ideal Entry on Dip While momentum is strong, price may offer a pullback or retest toward the 3450–3470 zone before the next leg up. This area now acts as major support, and any dip here could offer a low-risk, high-reward long entry opportunity. Traders who missed the initial breakout can wait for price action confirmation in this zone before entering, with a stop-loss below the previous swing low. Risk Management & Strategy Entry Zone: On breakout retest near 3450–3470 Stop-Loss: Below 3425 (swing low / invalidation zone) Targets: Partial booking at 3550 & 3620; hold remainder for 3700+ Risk: As always, avoid aggressive sizing and maintain risk-reward discipline. False breakouts can occur if momentum fades.
TRADENATION:XAUUSDLong
by TradZoo
Gold Dips to 3,440:Dollar Weakness Sets Stage for the Next SurgeHey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around the 3,440 zone. Gold is trading in an uptrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias remains bullish, but price is pulling back after recent highs. Key level in focus: 3,440 — an important area where buyers may look to step in and resume the trend. Fundamentals: The U.S. Dollar Index (DXY) is approaching 98.400 resistance while maintaining a bearish tone. A weaker dollar continues to provide support for Gold, reinforcing the bullish context. Trade safe, Joe.
OANDA:XAUUSDLong
by JoeChampion
11
Cup & Handle Done, BTC Correction First Before Another High!The correction itself supported by the Rising Wedge pattern that has been break the support level. So, in the near term let it corrected, supposed to be $87,000-$92,000 areas before we see another record high in the medium term. The trigger will be Fed starting the rate cut in 17 September 2025. Caution : Not recommended for trading purpose! It's too risky! Better you use the spot for invest, not trading the futures market! BTC probably will move along with US Stock Indices.. therefore they area getting supported when Fed confirmed the rate cut cycles!
COINBASE:BTCUSD
by irpansupiandi
BITCOIN BEARISH TRANDLINE WITH DOUBLE BOTTOM - READ CAPTIONHi trade's Bitcoin is currently trading under a bearish trendline and attempting to form a possible double bottom near support. Price is showing multiple rejections from lower support areas, indicating short-term buyers are defending this zone. If the market retraces upward, the first resistance to watch is 110000. A breakout above this resistance may open the way toward the supply zone support zone 108200-107300 resistance zone 110000 supply zone 113000 👉 If you find this idea useful, follow for more daily updates 🔔 💬 What do you think about this setup – will Bitcoin hold support or break lower?
BITSTAMP:BTCUSDLong
by haleh120
DXY – Big Week Ahead, Watch These Zones-Dollar still stuck in a range. No need to guess, just watch the heavy levels: -96.66 = bullish liquidity zone -99.80 = bearish liquidity zone -This week is packed with heavy news: -NFP Friday – jobs report could shake markets hard -Fed credibility under fire – politics trying to pressure the central bank -Be careful with dollar pairs — market makers love stop hunts around news. Best to stay patient → let price show which zone breaks first.
CAPITALCOM:DXY
by CORE5DAN
AUDUSD Pullback Toward 0.65000 as Dollar Weakens Ahead of US PCEHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around the 0.65000 zone. AUDUSD is trading in an uptrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias remains bullish, but price is retracing after recent highs. Key level in focus: 0.65000 — an important area where buyers may look to step in. Fundamentals: The US Dollar Index (DXY) is breaking below 98.100 support, pointing to further downside. A bearish DXY combined with bullish Gold strengthens the case for AUDUSD upside. Event risk: Today’s US PCE release is key. A soft print would reinforce the Fed’s dovish stance, supporting dollar weakness. A hot print could complicate the bearish dollar narrative. Next move: Monitoring how AUDUSD reacts around 0.65000 to assess whether buyers regain control or if deeper correction unfolds. Trade safe, Joe.
Long
by JoeChampion
20
EURUSD Watching 1.16600 Support as Dollar Weakness PersistsHey Traders, in the coming week we are monitoring EURUSD for a buying opportunity around the 1.16600 zone. EURUSD remains in an uptrend and is currently undergoing a correction phase, approaching a key support/resistance level at 1.16600. Meanwhile, the US Dollar Index (DXY) continues to trade in a downtrend and is nearing resistance around the 98.000 zone. The dovish stance from the Federal Reserve, coupled with growing expectations for potential rate cuts in September, is adding consistent selling pressure on the dollar — increasing the probability for further EURUSD upside. Trade safe, Joe.
Long
by JoeChampion
11
USDCAD Pullback Toward 1.37900 as Dollar Weakness PersistsHey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around the 1.37900 zone. USDCAD is trading in a downtrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias remains bearish, but price is retracing upward after recent lows. Key level in focus: 1.37900 — a critical area where sellers may look to re-enter and push the pair lower. Fundamentals: The U.S. Dollar Index (DXY) maintains a bearish tone as Jerome Powell’s recent dovish stance weighs on the greenback. With DXY approaching 97.800 resistance, further downside pressure on USD could reinforce USDCAD weakness. Trade safe, Joe.
Short
by JoeChampion
12
Bitcoin Dominance at Channel Resistance –Will Altcoins Take Off?BTC Dominance has been moving inside a clear descending channel, and right now, price is testing the upper boundary (channel resistance). Here’s what the price action is telling us: 🔸 If dominance rejects this level and fails to break out, we could see a pullback toward the lower channel, which usually signals money rotating into altcoins → potential altseason setup. 🔸 But if BTC.D manages to break and close above the channel, it may confirm a shift in capital back into Bitcoin, putting pressure on altcoins. 📍 This zone is a make-or-break level, and the reaction here could dictate the short-term market structure for the entire crypto market.
CRYPTOCAP:BTC.DShort
by CryptoPilot
2
TradeCityPro | LIKNUSDT Best Opportunity for Trading👋 Welcome to TradeCityPro Channel! Let’s go to the LINK chart, the popular cryptocurrency, and analyze it together. 🌐 Overview of Bitcoin Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together. This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames. 📊 Weekly Timeframe On the weekly timeframe, LINK has been one of the cryptocurrencies that remained in a range for 500 days. After breaking out, we have seen the beginning of an uptrend. This is exactly what I mean by avoiding capital lock-up. We waited weeks for the 8.06 trigger to break, allowing us to buy with momentum confirmation rather than buying inside the range and waiting in a high-risk market. You might say, "Why not buy inside the range to avoid missing the 8.06 breakout?" My answer is that hundreds of coins are still stuck in similar ranges without showing any bullish moves, and even now, they could trap your capital for a long time, causing frustration! 📊 Daily Timeframe In the daily timeframe, after being inside the range box between 11.58 and 15.50 and ranging in this area, we finally broke out and formed a curve movement. Currently, after our uptrend, we have reached the 26.88 resistance, which previously rejected us from this area and is our most important resistance. If we form a higher low in this area, we can make our spot buy after breaking 26.88. 📈 4H Timeframe In the 4-hour timeframe, we experienced a very good uptrend and then entered a range phase, which increases the probability of a correction. For a short position, after breaking 23.05, we can open a position with low risk and take profit quickly because the trend is bullish and we are not supposed to hold short positions for too long. For a long position, we need to break the continuation trendline, and after activating the 23.89 trigger, we can open our long position. Our main trigger will be 26.5. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
10
Risk‑Off Light: Trade the BTC Decision Zone__________________________________________________________________________________ Market Overview __________________________________________________________________________________ BTC is retracing off the ATH (~124.3k), leaning on the 108.8k HTF support and capped below the weekly 112.0k. Intraday flows and volume spikes are steering the tape near this pivot. Momentum: Bearish 📉 — retracement below 112.0k with sold bounces under 109.5k/110.7k, 108.8k acting as a shelf. Key levels: • Resistances (intraday → HTF) : 109.1k–109.6k (zone) · 110.7k (6H) · 112.0k (Weekly) • Supports (HTF) : 108.8k (12H/1D) · 107.4k (4H) · 98.5k (W Pivot Low) Volumes: Very high on 15m–2H (local climax) · Moderate on 4H · Normal on 6H–1D. Multi-timeframe signals: MTF trend is down (AVG Down) with a 4H tactical buy divergence — a bounce can develop if > 109.5k, else pressure towards 108.8k/107.4k persists. Risk On / Risk Off Indicator: NEUTRAL SELL — light risk‑off regime, aligned with the bearish momentum. __________________________________________________________________________________ Trading Playbook __________________________________________________________________________________ Primary stance remains sell-the-bounce below 109.5k/110.7k, and while the daily sits beneath 112.0k. Global bias: NEUTRAL SELL while daily < 112.0k; bias invalidation on a daily close > 112.0k. Opportunities: • Tactical long: Reclaim/acceptance > 109.5k → target 110.7k then 112.0k, stop below 108.8k. • Fade the bounce: Clean rejection at 109.5k or 110.7k → target 108.8k then 107.4k, stop above the broken cap. • Swing long: Only on daily close > 112.0k → 115.5k / 117.4k, stop < 109.5k. Risk zones / invalidations: • Lose 108.8k → test 107.4k; below 107.4k, possible “air pocket” toward 98.5k. • Upside flip needs a confirmed daily reclaim of 112.0k. Macro catalysts (Twitter, Perplexity, news): • Fed: rising rate‑cut odds (Powell steady at 2%) — can aid relief rallies. • Inflation hedges: gold ATH, silver > $40, copper firm — real‑asset bid may spill over to BTC. • Flows: short‑term rotation into ETH ETFs, BTC ETF outflows — relative headwind for BTC. Action plan: • Short the pop: Entry 109.5k–110.7k on rejection / Stop +0.4–0.6% / TP1 108.8k, TP2 107.4k, TP3 105–106k / R:R ~1.5–2.5R. • Breakout long: Entry on daily acceptance > 112.0k / Stop < 109.5k / TP1 115.5k, TP2 117.4k, TP3 120k / R:R ~1.7–2.2R. __________________________________________________________________________________ Multi-Timeframe Insights __________________________________________________________________________________ HTFs lean down, while intraday strength shows in volume spikes without structural confirmation yet. 1D/12H/6H: Controlled downtrend below 112.0k; ceilings at 109.5k → 110.7k; support stack 108.8k then 107.4k — daily close > 112.0k needed to unlock 115.5k/117.4k. 4H: Short base above 108.8k with ISPD buy divergence; requires break & hold > 109.5k to open 111,997/112.0k. 2H/1H/30m/15m: Rejections under 109.5k, very high volumes (aggressive flows) — range trading favored while < 109.5k; continuation only once 110.7k then 112.0k are reclaimed. Key confluences: 108.8k is the market pivot; “bull path” = 109.5k → 110.7k → 112.0k; “bear path” = < 108.8k → 107.4k → 98.5k (HTF). __________________________________________________________________________________ Macro & On-Chain Drivers __________________________________________________________________________________ Macro backdrop is “light risk‑off” (softer Fed expectations vs sticky inflation hedging), while on‑chain anchors BTC near a key STH cost base. Macro events: • Fed: market leaning to a cut; Powell reiterates 2% — easier policy would support risk. • Liquidity: U.S. M2 at ATH and household debt at record — bolsters the “monetary debasement hedge” case. • Inflation hedges: gold ATH (> $3,550), silver > $40, copper strong — real‑asset bid can spill into BTC. Bitcoin analysis: • Seasonality: September historically weak; risk of a wick to 100–103k before potential Q4 rebound. • Flows: BTC ETF outflows (~$0.75B) vs strong ETH ETF inflows (~$3.87B); an OG whale rotated BTC → ETH — short‑term rotation headwind. • Near‑term map: 106.5k–108.5k with slight bearish bias; relief supply near ~113.6k. On-chain data: • STH cost base: 107k–108.9k support; relief resistance ~113.6k. • SOPR ≈ 1 (no broad capitulation); perps slightly short — fragile but not extreme. Expected impact: • Holding 108.8k/107.4k keeps bounces toward 110.7k/112.0k alive; losing 107.4k exposes 98.5k/95k. • A more dovish Fed would ease a move toward 113.6k/115.5k; otherwise, HTF supports may be retested. __________________________________________________________________________________ Key Takeaways __________________________________________________________________________________ BTC defends a major pivot at 108.8k while sitting under nearby resistance layers. - Trend: bearish/neutral‑sell while < 109.5k/110.7k and below 112.0k daily. - Focus setup: fade bounces at 109.5k/110.7k; flip long only above 112.0k (daily). - Macro: softer‑Fed hopes vs inflation‑hedge demand — light risk‑off regime. Stay nimble: watch 109.5k/110.7k reactions and 108.8k integrity — the next impulse will likely spring from there. ⚠️
INDEX:BTCUSDLong
by Ox_kali
Crypto Market Approaching Support, While Finishing A CorrectionGood morning Crypto traders! Crypto market continues to slow down due to consolidation in stocks, but notice that the US dollar remains bearish, while gold is experiencing a strong bullish breakout. This suggests that we are still in a risk-on environment, meaning stocks could continue higher, while cryptocurrencies may soon stabilize. Crypto TOTAL market cap chart now appears to be approaching the key 3.6 - 3.5T support area within a three-wave ABC correction for wave 4, from where bulls for wave 5 may show up again, especially considering that the NASDAQ could be completing a bullish running triangle, while the US dollar index (DXY) is forming a bearish one.
CRYPTOCAP:TOTALLong
by ew-forecast
From Strength to Weakness: ETH Validates a Key Bearish PatternIntroduction (Market Context) Ether Futures (ETH) and Micro Ether Futures (MET) have been at the center of market attention since April 2025, when prices staged a remarkable rally of more than +250%. This surge was not just a technical phenomenon—it came in the wake of major macro events such as Liberation Day and the reemergence of U.S. tariff policies under Donald Trump’s administration. Those developments sparked speculative flows into digital assets, with Ether acting as one of the prime beneficiaries of capital rotation. Yet markets rarely move in one direction forever. After such a sharp rise, technical exhaustion often follows, and signs of that exhaustion are beginning to surface on ETH’s daily chart. Traders who enjoyed the rally now face a critical juncture: whether to protect gains or to consider new opportunities in the opposite direction. The key lies in a pattern that has appeared many times in history, often marking important reversals—the Rising Wedge. What is a Rising Wedge? A Rising Wedge is one of the most recognizable bearish reversal formations in technical analysis. It typically develops after a strong uptrend, where price continues to push higher but does so with diminishing momentum. On the chart, the highs and lows still point upward, but the slope of the highs is shallower than the slope of the lows, creating a narrowing upward channel. The psychology behind the wedge is critical: buyers are still in control, but they are running out of strength with every push higher. Sellers begin to absorb demand more aggressively, and eventually, price breaks through the lower boundary of the wedge. This breakdown often accelerates as trapped buyers unwind positions. From a measurement perspective, technicians project the maximum width of the wedge at its start, and then apply that distance downward from the point of breakdown. This projection offers a technical target for where price may gravitate in the following weeks. In the case of Ether Futures, that target points toward the 3,200 area, a level of strong technical interest and a logical area for traders to watch closely. RSI and Bearish Divergence Alongside the wedge, momentum indicators add further weight to the bearish case. The Relative Strength Index (RSI) is a widely used oscillator that measures momentum on a scale of 0 to 100. Values above 70 are generally interpreted as “overbought,” while values below 30 suggest “oversold.” The most powerful signals often emerge not when RSI is at an extreme, but when it diverges from price action. A bearish divergence occurs when price sets higher highs while RSI forms lower highs. This is an indication that upward momentum is weakening even as price appears to climb. Ether Futures have displayed this phenomenon clearly over the past few weeks. The daily chart shows four successive higher highs in price, yet RSI failed to confirm these moves, instead tracing a series of lower peaks. Notably, RSI pierced the overbought zone above 70 twice during this period, but momentum faded quickly after each attempt. This divergence is a classic early warning sign that a bullish run is running out of steam. Forward-Looking Trade Idea With the Rising Wedge breakdown and RSI divergence in place, a structured trade plan emerges. Futures traders can express this view through either the standard Ether Futures contract (ETH) or its smaller counterpart, the Micro Ether Futures contract (MET). Contract Specs & Margins Ether Futures (ETH): Notional = 50 Ether, Tick size = 0.50, Tick value = $25.00, Initial margin ≈ $68,800 (subject to CME updates). Micro Ether Futures (MET): Notional = 0.1 Ether, Tick size = 0.50, Tick value = $0.05, Initial margin ≈ $140 (subject to CME updates). Trade Plan (Bearish Setup) Direction: Short Entry: 4,360 Target: 3,200 Stop Loss: 4,702 (coinciding with a minor resistance level) Reward-to-Risk Ratio: ≈ 3.39 : 1 The projected wedge target around 3,200 is not only a measured move from the pattern but also sits close to a previously established UFO support zone. While anecdotal, this confluence reinforces the credibility of the level as a potential magnet for price. Risk Management Regardless of how compelling a technical setup may appear, the most decisive factor in trading remains risk management. Defining risk in advance ensures that losses are limited if the market behaves unexpectedly. In this case, placing the stop at 4,702 not only keeps risk under control but also aligns with a minor resistance level, making the trade plan technically coherent. Position sizing also plays a crucial role. The availability of Micro Ether Futures (MET) allows traders to participate with significantly reduced capital requirements compared to the full-sized ETH contract. This flexibility makes it easier to fine-tune exposure and manage account risk more precisely. Equally important is the discipline of adhering to precise entries and exits. Chasing a trade or ignoring pre-defined stop levels can erode the edge provided by technical analysis. Markets often deliver multiple opportunities, but without sound risk management, traders may not survive long enough to benefit from them. Ultimately, capital preservation is the foundation on which consistent performance is built. Closing Ether’s spectacular rally since April 2025 is a reminder of the asset’s ability to deliver explosive moves under the right conditions. Yet history shows that parabolic advances rarely continue uninterrupted. The combination of a Rising Wedge breakdown and a confirmed RSI divergence provides strong evidence that the current uptrend is losing momentum, and the market may be entering a corrective phase. For traders, this is less about predicting the future and more about recognizing when probabilities align in favor of a defined setup. With clear entry, target, and stop levels, the ETH and MET contracts offer a structured opportunity for those willing to take a bearish stance while managing their risk appropriately. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME:ETH1!Education
by traddictiv
CaptainVincent | Gold in a tug-of-war amid new geopolitical bloc1. News Waves 🌍 At a 2-day summit in Shanghai, Prime Minister Modi and President Xi Jinping announced that India and China will become development partners instead of rivals. The summit also included Russia and four Central Asian countries, aiming to establish a Global South bloc to counterbalance the U.S. and the West. 👉 This highlights a geopolitical power shift, raising concerns over global polarization → gold maintains its safe-haven appeal. 2. Technical Outlook ⚙️ On the H2 chart, gold has printed Higher Highs after its recent strong breakout. Storm Breaker 🌊 (Sell Zone 3511 – 3518): strong resistance, potential supply if retested. Golden Harbor 🏝️ (Buy Zone 3450 – 3448): confluence of FVG + Fibonacci 0.5/0.618 , key support for a rebound. Main trend: gold may continue ranging within 3450 – 3510 before choosing a major direction. 3. Captain Vincent’s Map – Trade Scenarios 🪙 🔻 Storm Breaker 🌊 (SELL Reaction) Entry: 3511 – 3508 SL: 3518 TP: 3505 → 3500 → 3497 → 349x → 348x 🏝️ Golden Harbor (BUY Zone – strong support) Entry: 3450 – 3448 SL: 3440 TP: 3453 → 3456 → 3459 → 3462 → 346x 4. Captain’s Note ⚓ “Political news continues to stir the gold sea 🌊. Bears are waiting at Storm Breaker 3511 , but the safe harbor remains Golden Harbor 3450 – 3448 . In an unpredictable environment, prioritize short-term SELL setups to ride with safe-haven flows, instead of recklessly challenging the rough waves.”
OANDA:XAUUSDLong
by CaptainVincent
Title: USDX 4H — expectations vs realityThe dollar index once again finds itself in a position where heroic posture doesn’t match reality. Price is capped at 97.85 right at the 0.382 Fibonacci level and every move higher quickly fades like a spark in the rain. If the breakout fails the road towards 97.24 and 96.90 seems far more realistic since the 0.618 retracement and demand zone are located there. Moving averages are pressing from above, volumes don’t support the bulls and technically the setup favors weakness rather than strength. Watching USD behavior every dip in gold silver euro and pound becomes a clear swing trading buy opportunity. Fundamentally the dollar is also under pressure as markets expect a dovish Fed, Treasury yields stay weak and risk appetite drives capital into other assets. In the end the greenback looks more like a tired runner than a sprinter ready to race.
PEPPERSTONE:USDX
by InvestWorld_777
Looking for Zuari's Golden Zone - Fib RetracementZuari's fib retracement on the daily chart on the run up from 200 to 390 shows a clear pullback to 38.2% followed by a failed attempt to break 100% in a seeming double top formation around 390, invalidating immediate bullish momentum. Daily Macd and RSI look weak with bearish divergences forming against PA, denoted with green brush lines showing both indicators with lower highs against price's equal high. A retest of the golden zone (61.8% to 78.6%) puts us between roughly 240 and 275, which should offer a high probability zone for accumulation and eventually a bounce. Look out for confluences of major fib levels with 1d 50ma, 99ma and 200ma. 61.8% also has a horizontal confluence with the Dec 3rd peak, and 78.6% has horizontal confluence with April 24th peak, also potentially infleuntial to support levels.
NSE:ZUARI
by Crabdabs
2
EURUSD Outlook – Range Waiting for Break August price action attacked July’s monthly low OF 1.14008, but closed extremely bullish. That move is already gone, so the easy play is behind us. Now it’s about whether the market maker gives us high liquidity in the first weeks of September to trade a breakout. Dollar price is showing manipulation and absorption on the higher timeframes, while EURUSD has been dumping orders across this six-month rally. We need it to break out of the range before a clear bias comes. Until then it’s higher frequency trading mode. From the economic side, Markets are already betting on a September rate cut, and politics around the Fed are hurting trust. At the same time, inflation is still high around 2.9%, which makes it harder for the Fed to act freely. That leaves the dollar stuck in the middle, waiting for a clear break. The outcome is simple. If the jobs weakness and rate cut story takes over, EURUSD has room to push higher out of this range. If inflation proves sticky and the Fed leans hawkish, the euro stalls and range chop continues. Right now bias leans bullish, but patience is key until the breakout confirms.
Long
by CORE5DAN
DXY Outlook – Bearish Lean, Choppy SetupDollar had a hard run the last three weeks with heavy bearish candles on the weekly. Price action has been messy, not easy to just get in and ride. My bias is still bearish, but I’m also looking at the bigger picture. On the monthly chart, key distribution sits under 94.095 and we haven’t reached it yet. Over the last two months price has been filling the bullish order block around 95.971 order block on the dollar index. If the market maker decides to move, it could go fast once the data lines up, whether in the first or second week. Right now we are sitting in a bearish volume channel lower end. Selling late is not smart because most of the move has already passed. That doesn’t mean there are no trades, but it does mean higher frequency and tighter risk until the next clear setup. From the economic side the jobs data is weak with only 73K added last month, which keeps pressure on the Fed to cut. The Fed is also seen as politicized, which hurts credibility and weighs on the dollar. Markets are already pricing a September cut and analysts are leaning bearish. At the same time inflation is still sticky near 2.9 percent while jobs are slowing, which leaves the Fed boxed in. Headline PCE is flat, not strong enough to flip hawkish and not weak enough to go fully dovish. That mix can trap the dollar between 97 and 100 until one side breaks. Best move is to keep watching the data closely before trading dollar markets. Bias stays bearish, but chop risk is high.
CAPITALCOM:DXYShort
by CORE5DAN
NASDAQ Pullback Toward 23,160 as Index Holds UptrendHey Traders, in tomorrow's trading session we are monitoring NASDAQ for a buying opportunity around the 23,160 zone. NAS100 is trading in an uptrend, with price currently correcting toward this key support/resistance level. Structure: The broader bias remains bullish, but price is pulling back after recent highs. Key level in focus: 23,160 — a significant area where buyers may look to step in and resume the uptrend. Fundamentals: Market sentiment remains supportive for equities, with U.S. data and Fed expectations keeping risk appetite intact. Any continuation of dovish Fed signals would add fuel to bullish NASDAQ momentum. Trade safe, Joe.
PEPPERSTONE:NAS100Long
by JoeChampion
16
Bitcoin Weekly Chart – Is the 4 Year Cycle Over?This chart compares Bitcoin’s current weekly price action to its 2021 market structure. Both periods show striking similarities: double-top patterns (green circles), mid-cycle consolidations (yellow highlights), and support retests (red circles) within the bull market support band. The projection in red outlines a potential bearish scenario, where BTC could follow a similar path to the last cycle—breaking below support and entering a prolonged corrective phase. Traders should watch the $92K SMA and bull market support band closely as critical levels for trend confirmation.
CRYPTO:BTCUSDShort
by D1mKash
1
Gold Surges Over 300 Pips – Ready to Break 3,500 USD?Hello traders! Yesterday, gold skyrocketed by more than 300 pips , pushing price into the mid-zone of the long-term bullish channel. This move sets the stage for the uptrend to continue in both the short and medium term. Yesterday, the Core PCE index for July rose 0.3% MoM , in line with expectations and matching the previous month. On a YoY basis, Core PCE climbed from 2.8% to 2.9% , signaling that inflationary pressures remain. This data reinforces market expectations for a 25 bps Fed rate cut at the mid-September meeting. With the Fed leaning toward easing, the USD could weaken, thereby supporting further bullish momentum for gold. Technical Outlook (8H): Gold remains in its bullish channel, with yesterday’s candle closing above EMA 34 & EMA 89, confirming the uptrend. Support: ~3,405 USD (channel bottom + horizontal zone). Resistance: ~3,500 USD, where a mild pullback may occur before aiming higher. Short-term setup: Price could retest 3,405 USD before bouncing back to challenge 3,500 USD and potentially breaking out further. In summary: Gold maintains its bullish trend, with 3,405 as the key level and 3,500+ as the target. Upcoming US data will be crucial in determining whether a true breakout follows.
OANDA:XAUUSDLong
by Rocky_trade_
2
EURUSD - Will the Euro’s Uptrend Continue?Current Situation On the 3H chart, EURUSD is showing a steady uptrend. Currently, the price is trading within the range of 1.16400 to 1.17400, with support at 1.16400 and resistance at 1.17400. A breakout above this resistance could push the price to 1.17800 or higher. The EMA (34) and EMA (89) indicators are signaling a positive trend, indicating strong buying momentum. Fundamental Reasons According to the CME’s FedWatch tool, there is an 87% chance of the Fed cutting interest rates in September, which is putting pressure on the USD and supporting EURUSD. Additionally, global political and economic uncertainties continue to drive investors to seek EUR as a safe-haven asset. Trading Strategy If the price adjusts to the 1.16400 support level, it could be an opportunity to buy. The target is the 1.17400 resistance level. Set a stop-loss if the price falls below 1.16400.
Long
by Rocky_trade_
8